Seamount Financial Group Inc. Cuts Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Seamount Financial Group Inc. lowered its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,522 shares of the exchange traded fund’s stock after selling 1,473 shares during the quarter. Vanguard Real Estate ETF accounts for 1.5% of Seamount Financial Group Inc.’s investment portfolio, making the stock its 22nd largest holding. Seamount Financial Group Inc.’s holdings in Vanguard Real Estate ETF were worth $2,184,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Eastern Bank bought a new position in shares of Vanguard Real Estate ETF during the third quarter valued at about $26,000. Godsey & Gibb Inc. purchased a new stake in Vanguard Real Estate ETF in the 4th quarter valued at about $26,000. Decker Retirement Planning Inc. bought a new position in shares of Vanguard Real Estate ETF during the 4th quarter worth approximately $26,000. Howard Capital Management Group LLC purchased a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth approximately $26,000. Finally, CKW Financial Group bought a new position in shares of Vanguard Real Estate ETF in the fourth quarter valued at approximately $27,000.

Vanguard Real Estate ETF Trading Down 0.3 %

Shares of Vanguard Real Estate ETF stock opened at $91.63 on Friday. The business’s fifty day simple moving average is $90.84 and its 200 day simple moving average is $93.29. Vanguard Real Estate ETF has a 12 month low of $78.27 and a 12 month high of $99.58. The firm has a market capitalization of $36.06 billion, a P/E ratio of 22.09 and a beta of 1.03.

About Vanguard Real Estate ETF

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.